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How to Stake and Farm Pegaxy $PGX with KyberSwap?

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Pegasus Galaxy (Pegaxy) is a futuristic racing game with mythological stylings. Pegasus (the horses) is descended from Pegasus. VIS (Vigorus) tokens will be used as currency in this game, which features PvP races with randomized elemental variables. VIS tokens can be earned by breeding, renting, selling, and of course racing Pega pets.

About Kyber Network #

DeFi’s liquidity infrastructure is provided by Kyber Network. Kyber is a liquidity hub that connects the best token rates from various protocols and sources for Dapps, aggregators, and DeFi platforms.

KYBER allows anyone to provide or access liquidity, while developers can create innovative applications, including token swap services, decentralized payments, and financial Dapps – helping build a world where any token is usable wherever it is needed. Kyber powers over 100 integrated projects and has handled over US$7 billion worth of transactions for tens of thousands of users since it was founded.

KyberSwap, the latest protocol in the liquidity hub, maximizes returns for traders and provides the best rates for liquidity providers.

How to Farm $PGX and $KNC #

  1. Visit KyberSwap
  2. Make sure you are on the Polygon network and have some MATIC tokens for gas transaction fees on Polygon.

3. Visit the Pools page and add liquidity (deposit PGX and USDT tokens) into the eligible PGX-USDT pool, which has a raindrop ? icon. After adding liquidity, you will receive Liquidity Provider (LP) tokens representing your pool share.

4. On the PGX-USDT farm page, click Approve. Stake your LP tokens on the PGX-USDT farm once approved. Once you start receiving PGX and KNC rewards, you can harvest them whenever you want.

5. You can reap your rewards at any time. You unlock rewards every time you complete a block during a 14-day vesting period.

6. Once rewards have been unlocked, go to the Vesting tab to claim them. All unlocked PGX and KNC rewards can be claimed after 14 days (14 days are elapsed each time you harvest rewards). You can claim your unlocked rewards whenever you want.

7. You can view and remove your liquidity position on the My Pools page after unstaking your LP tokens on the Farm page.

Token Sale allocations can be staked on KNC pools or KyberDAO for additional KNC rewards, or on KrystalGO for KNC rewards. You can also trade $PGX, $USDC, $USDT and other tokens at the best rates by navigating to the Swap page.

References:

https://www.youtube.com/watch?time_continue=3&v=yQ3AdYEvKIo&feature=emb_logo

Updated on January 21, 2022
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Disclaimer: This is done with our best knowledge and effort, nothing can be known for certain – always DYOR and risk management. This is NOT financial advice. Use the information presented here to inform your own decisions. Referral links may be included on any outbound link.

  • What do the risk ratings mean?

Our mission here at RugDoc is to screen for hard rug code that results in 100% theft of ALL underlying funds for ALL participants.

This is the ONE part of the due diligence process that most people cannot simply do on their own as it costs thousands of dollars to hire a senior solidity developer to look over a farm for safety.

A project coin with terrible code can go up in price, and a project with good code and a good team can also go down in price.

Do NOT use our ratings to refer to your likelihood in making money if you invest in the project. They are ONLY in reference to code safety.

Everything else beyond code safety is YOUR responsibility to go do research on. We just make sure the casino you’re betting in won’t rob you before you even get to place a bet.

Our reviews for projects are organized into a few colors.

🟢 Least Risk
These projects are the least likely to hard or soft rug. Usually reserved for cornerstone projects of an ecosystem where it makes no financial sense for them to rug in any manner as they make more money just being legit.

🔵 Low Risk
These projects are usually established projects in an ecosystem that have a track record of success or have KYC’d to us or other authoritative sources in the real world. As a result, it is extremely unlikely for them to soft rug or hard rug their projects. The projects can still fail and the token price can go down, but usually more as a result of natural market forces.

⚪️ Some Risk
This is the default rating for projects with unknown teams but have code that is unlikely to have hard rug risk. Since the team is unknown and doesn’t have a track record of success, it’s entirely possible that they may try to soft rug by dumping tokens, abandoning the project, etc. Even a last minute contract swap to a malicious contract is possible. The only thing that is unlikely is a complete hard rug as long as you are 100% sure you deposit into the contract we review.

🟠 Medium Risk
Similar to Some Risk, but the underlying code itself is custom enough or complex enough that it warrants an elevated risk rating that needs deeper research. Make sure you read every point presented to make sure you’re comfortable with that before entering. Still unlikely to hard rug, but more chances of custom code behaving incorrectly and causing other issues.

🔴 High Risk
Project contains code or practices that are HIGHLY LIKELY to lead to catastrophic losses as they are right now. Make sure you read the description carefully as we will always warn what these issues are. If you see the words Hard Rug anywhere in the review, STAY FAR AWAY!

⚫️ Not Eligible
We reserve the right to not review exceedingly complex projects that would require tens of thousands of dollars of senior security analyst man hours. Typically these are projects that deal with leverage, lending, options, derivatives, and anything that is overly complex and which requires tons of peer reviews and audits from top audit companies.

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  • How can I request for an update to my review?

🟢 For owners who have made impactful changes and would like an update to their farm review:

1️⃣ Use #update at @RugDocChat with your description and proof of changes and it will be forwarded to our scanners.

2️⃣ This does not guarantee a change in your review.

3️⃣ Owners who have difficulty solving the issues can consider our Consultation Package - please contact @BaymaxCrypto on Telegram to discuss.